Image is allegedly of the note Trump wrote while editing a speech while on the way back from the G20 summit.
The top Russian-Chinese agent, Donald Trump, has decided that the pace of dedollarization and the decline of American financial hegemony is going too slowly. He has therefore decided to put tariffs on everybody; from America’s largest trading partners to uninhabited islands. In the process, he is trying to create an autarkic America. Jokes aside, interpretation and analysis of this has ranged across a wide spectrum. I think we can broadly agree that the most idiotic are the “true believers”; those that actually believe Trump’s every word, and that this will somehow bring back American manufacturing and whatever other inane promises he has made.
However, there is a much more interesting debate. The first camp are those who believe Trump is acting as an inadvertent accelerationist due to his lack of understanding about how the world economy and dollar hegemony functions (and that this will subsequently ensure that countries flock to China instead). The second camp are those who believe that Trump does know what he’s doing, at least to a certain extent, and that the effective result of this period of madness will be countries kowtowing to the United States; renegotiating trade deals to be even more in favor of the US in order to get tariffs reduced. There’s even a yet more cynical camp who believes that in fact, this entire trade war is just theater for further national wealth redistributions from poor to rich; that all these monumental international trade wars are more of a sideshow. To quote the linked article: “[…] out of the mountain of tariffs that threaten to turn into a global trade war will emerge the mouse of further tax cuts.”
I’m not embarrassed to admit that I have absolutely no idea which one of these is the closest model to reality. We’re in new economic and political ground, and even if the tariffs are quickly renegotiated and/or dropped, the impacts will continue to reverberate around the world for years. I’m sure we’ll debate this for months to come here, though!
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Israel-Palestine Conflict
Sources on the fighting in Palestine against Israel. In general, CW for footage of battles, explosions, dead people, and so on:
UNRWA reports on Israel’s destruction and siege of Gaza and the West Bank.
English-language Palestinian Marxist-Leninist twitter account. Alt here.
English-language twitter account that collates news.
Arab-language twitter account with videos and images of fighting.
English-language (with some Arab retweets) Twitter account based in Lebanon. - Telegram is @IbnRiad.
English-language Palestinian Twitter account which reports on news from the Resistance Axis. - Telegram is @EyesOnSouth.
English-language Twitter account in the same group as the previous two. - Telegram here.
English-language PalestineResist telegram channel.
More telegram channels here for those interested.
Russia-Ukraine Conflict
Examples of Ukrainian Nazis and fascists
Examples of racism/euro-centrism during the Russia-Ukraine conflict
Sources:
Defense Politics Asia’s youtube channel and their map. Their youtube channel has substantially diminished in quality but the map is still useful.
Moon of Alabama, which tends to have interesting analysis. Avoid the comment section.
Understanding War and the Saker: reactionary sources that have occasional insights on the war.
Alexander Mercouris, who does daily videos on the conflict. While he is a reactionary and surrounds himself with likeminded people, his daily update videos are relatively brainworm-free and good if you don’t want to follow Russian telegram channels to get news. He also co-hosts The Duran, which is more explicitly conservative, racist, sexist, transphobic, anti-communist, etc when guests are invited on, but is just about tolerable when it’s just the two of them if you want a little more analysis.
Simplicius, who publishes on Substack. Like others, his political analysis should be soundly ignored, but his knowledge of weaponry and military strategy is generally quite good.
On the ground: Patrick Lancaster, an independent and very good journalist reporting in the warzone on the separatists’ side.
Unedited videos of Russian/Ukrainian press conferences and speeches.
Pro-Russian Telegram Channels:
Again, CW for anti-LGBT and racist, sexist, etc speech, as well as combat footage.
https://t.me/aleksandr_skif ~ DPR’s former Defense Minister and Colonel in the DPR’s forces. Russian language.
https://t.me/Slavyangrad ~ A few different pro-Russian people gather frequent content for this channel (~100 posts per day), some socialist, but all socially reactionary. If you can only tolerate using one Russian telegram channel, I would recommend this one.
https://t.me/s/levigodman ~ Does daily update posts.
https://t.me/patricklancasternewstoday ~ Patrick Lancaster’s telegram channel.
https://t.me/gonzowarr ~ A big Russian commentator.
https://t.me/rybar ~ One of, if not the, biggest Russian telegram channels focussing on the war out there. Actually quite balanced, maybe even pessimistic about Russia. Produces interesting and useful maps.
https://t.me/epoddubny ~ Russian language.
https://t.me/boris_rozhin ~ Russian language.
https://t.me/mod_russia_en ~ Russian Ministry of Defense. Does daily, if rather bland updates on the number of Ukrainians killed, etc. The figures appear to be approximately accurate; if you want, reduce all numbers by 25% as a ‘propaganda tax’, if you don’t believe them. Does not cover everything, for obvious reasons, and virtually never details Russian losses.
https://t.me/UkraineHumanRightsAbuses ~ Pro-Russian, documents abuses that Ukraine commits.
Pro-Ukraine Telegram Channels:
Almost every Western media outlet.
https://discord.gg/projectowl ~ Pro-Ukrainian OSINT Discord.
https://t.me/ice_inii ~ Alleged Ukrainian account with a rather cynical take on the entire thing.
Embarrassing question to ask this late into this ordeal, but if the US wants to lower the value of the dollar why don’t they just do a huge stimulus check, and give a ton of handouts to corporations to stop them from losing power? Or, same thing really, just start paying out a bunch of national debt to domestic bondholders?
The answer is that they don’t want to lower the value of the dollar. This is something that people like Yanis theorized under the principle of ‘looking for the true grand strategy behind the madness’. But Occam’s Razor applies here and Trump’s government is not shy of its contradictions. They want to have their cake and eat it too. They want manufacturing at home with lots of jobs, but also automation to drive costs down. They want everyone to keep using the dollar, but they also want stronger foreign currencies so they can reindustrialize. They want to raise revenues from tariffs, but they also wanna produce more at home. They want to extract concessions and get foreign countries to buy more of their products, but won’t do anything about poorer countries’ debts to them meaning that they can’t buy shit because they are broke. They wanna industrialize, but don’t want to do anything that goes against the financial economy or has an inkling of industrial policy (outside the military, that is).
The only real, straightforward thing we have is that the US is doing to itself what it has done to countries abroad. A shift from the tax base away from industry, production and taxation of wealth and towards taxation of consumption. Tariffs as a way to give tax breaks to the richest. The devolution of the middle class into a sub-proletarian that is unable to sell their labor anywhere because the rich account more than half of all spending and luxury goods do not create a lot of jobs. This is the tailend of a process that started With Carter and Reagan only now being led by extremely incompetent people.
The US shouldn’t want the dollar value to go down, to offset the tariff price hikes requires the dollar value to go up, which happens when foreign countries cut their interest rates
Obviously that’s not good for US industrial exporters, but this seeming concern Trump has for them is a bullshit red herring, if the dollar value goes up US consumers, importers, and most importantly finance, they get a huge boost as money floods into the country running from tariff shocked economies all over the world
At least that’s the plan if the Trumpers were smart, but Trump also wants the Fed to cut rates domestically which decreases the dollar value, so it’s anyone’s guess wtf Trump’s thinking and whether he’ll side with US exporters or importers/finance in the end